G20 Summit in Cabo 2012

Mexico’s Secretaries of Foreign Relations and Tourism are considering choosing Los Cabos as the host of the 2012 G20 Summit.

The
G20 Summit, one of the world’s most important financial meetings of
representatives from around the globe, will take place in Mexico in
2012. Although the host destination has yet to be announced, Los Cabos
is a leading candidate for the event.

Gonzalo Franyutti,
president of the Los Cabos Hotel Association, met with Patricia
Espinoza, Secretary of Foreign Relations, and Gloria Guevara Manzo,
Secretary of Tourism, to express Los Cabos’ interest in hosting the
2012 G20 Summit. “They told us that there is a great interest in having
Los Cabos host the meeting since it has many advantages as a Mexican
destination, like security, a strategic geographic location, a perfect
climate, the quality of our hotels, our highway infrastructure…However,
the secretaries pointed out that Los Cabos needs a convention center in
order to host an event of this magnitude," stated Franyutti.

Because
of this, Los Cabos is developing a plan to construct a new convention
center quickly. “We are looking to present a proposal for the
convention center since we still have time to begin construction,"
says Franyutti.

The G20 Summit is a semi-annual meeting
that has taken place since 2008, where 20 finance ministers and central
bank governors gather to discuss the most pressing issues facing the
world’s economy and financial system. Currently, the G20 is made up of
19 countries plus the European Union, represented by the President of
the European Council.